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analysis for today 1 / 3 / 2014
SILVER
Resistance : R1 20.180 R2 20.680 R3 20.930
Support : S1 19.985 S2 19.485 S3 19.235
Open : 19.965
High : 20.235
Low : 19.930
Range : 305 Pips
Running Price : 20.020
Strategy : SELL at the level 20.020 stop loss at the level 20.180 target take profit at the level 19.485 or at the level 19.235
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TECHNICAL ANALYSIS
SILVER
TIME FRAME H1
Exponential MA "18" : BULLISH
Exponential MA "28" : BULLISH
Exponential MA "50" : BULLISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BULLISH
TREND: BULLISH
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SILVER
TIME FRAME H1
Exponential MA "18" : BULLISH
Exponential MA "28" : BULLISH
Exponential MA "50" : BULLISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BEARISH
TREND: BULLISH
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pair- silver
chart analysis time frame- m30
the silver price is again move at the strong support level 18.75 but here its not able to hold. its moving up side with breaking the resistance trend line. the rsi indicator is above the 50 level. so hold the long position with take profit at 20.14 and stop loss at the 18.50 level.
good luck
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elliott wave flat correction down 19.40 there is bearish potential for fall to 19.31 while 19.75 - 19.89 resist this fall a recovery up to 19.89 or 20.02 is expected
support and resistances
res2 20.46
res1 20.02
sup2 19.04
sup1 19.31
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analysis for today 12 / 31 / 2013
SILVER (Daily Trade)
Resistance 3 20.330
Resistance 2 20.080
Resistance 1 19.580
Pivot Point 19.520
Support 1 19.420
Support 2 18.920
Support 3 18.670
BUY 19.580 STOP LOSS 19.420 TAKE PROFIT 20.080 OR 20.330
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silver mein trading karny ka bohat hi maza aata hy agar app ko iss mein kush experience ho to app ko iss mein hohat hi profit earn hony k chances hoty hein aor app iss mein bohat hy jald profit earn kar sakty ho aor rich ho sakty ho.
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elliott wave flat correction 20.20 one move lower to 19.84 or 19.63 is anticipated while below 20.09 - 20.19 area stop loss above 20.33 zone
support and resistances
res2 20.33
res1 20.19
sup2 19.63
sup1 19.84
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Weekly Analysis of silver:
SILVER expected rebound from 20.91 is limited to 21.09. Last week's break of 20.91 support indicates that whole decline from 21.33 has returned. Near term outlook will remain bearish as long as 21.63 holds and deeper fall should be seen back to 19.58 low next. But the chances continued to trade in a range of short-term sideways shown where the price has broken the ascending minor support but failed to retest the bottom of the range so far, while showing little difference bullish momentum.
Support: 20:02, 19.87, 19.58, 19.30, 19:02
Resistance: 20.91, 21.29, 21.63, 21.97, 22:39.
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